South Korea Renal Failure Treatment Market Size & Outlook
The renal failure treatment market in South Korea is expected to reach a projected revenue of US$ 5,975.7 million by 2030. A compound annual growth rate of 8.9% is expected of South Korea renal failure treatment market from 2024 to 2030.
Revenue, 2023 (US$M)
$3,287.7
Forecast, 2030 (US$M)
$5,975.7
CAGR, 2024 - 2030
8.9%
Report Coverage
South Korea
Related Markets
South Korea renal failure treatment market highlights
- The South Korea renal failure treatment market generated a revenue of USD 3,287.7 million in 2023 and is expected to reach USD 5,975.7 million by 2030.
- The South Korea market is expected to grow at a CAGR of 8.9% from 2024 to 2030.
- In terms of segment, dialysis was the largest revenue generating treatment in 2023.
- Dialysis is the most lucrative treatment segment registering the fastest growth during the forecast period.
Renal failure treatment market data book summary
| Market revenue in 2023 | USD 3,287.7 million |
| Market revenue in 2030 | USD 5,975.7 million |
| Growth rate | 8.9% (CAGR from 2024 to 2030) |
| Largest segment | Dialysis |
| Fastest growing segment | Dialysis |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Dialysis, Kidney Transplantation, Drug Therapy |
| Key market players worldwide | Nipro Corp, Fresenius Medical Care AG, Baxter International Inc, Medtronic PLC, B. Braun Medical, Asahi Kasei Corp, AbbVie Inc, Nikkiso Co Ltd, AstraZeneca PLC |
Other key industry trends
- In terms of revenue, South Korea accounted for 2.9% of the global renal failure treatment market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China renal failure treatment market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 15,256.9 million by 2030.
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Renal Failure Treatment Market Scope
Renal failure treatment market segmentation & scope
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Renal Failure Treatment Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Fresenius Medical Care AG | View profile | 119845 | Else-Kroener-Strasse 1, Bad Homburg, HE, Germany, 61352 | https://www.freseniusmedicalcare.com |
| AstraZeneca PLC | View profile | 89900 | 1 Francis Crick Avenue, Cambridge Biomedical Campus, Cambridge, United Kingdom, CB2 0AA | https://www.astrazeneca.com |
| Nikkiso Co Ltd | View profile | 8529 | 4-20-3, Ebisu, Shibuya-ku, Tokyo, Japan, 150-6022 | http://www.nikkiso.co.jp |
| Nipro Corp | View profile | 39713 | 3-9-3 Honjo-Nishi Kita-ku, Osaka, Japan, 531-8510 | http://www.nipro.co.jp |
| B. Braun Medical | View profile | 10001+ | Bethlehem, Pennsylvania, United States, North America | http://www.bbraunusa.com |
| Asahi Kasei Corp | View profile | 48897 | 1-105 Kanda Jinbocho, Chiyoda-ku, Tokyo, Japan, 101-8101 | http://www.asahi-kasei.co.jp |
| AbbVie Inc | View profile | 50000 | 1 North Waukegan Road, North Chicago, IL, United States, 60064-6400 | http://www.abbvieinvestor.com |
| Medtronic PLC | View profile | 95000 | Lower Hatch Street, 20 On Hatch, Dublin, Ireland, 2 | https://www.medtronic.com |
| Baxter International Inc | View profile | 60000 | One Baxter Parkway, Deerfield, IL, United States, 60015 | https://www.baxter.com |
South Korea renal failure treatment market size, by treatment, 2018-2030 (US$M)
South Korea Renal Failure Treatment Market Outlook Share, 2023 & 2030 (US$M)
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